The Board of Directors of Mercator Lines (Singapore) Ltd wishes to announced that the Company has entered into a firm negotiation with Refined Success Ltd which is a subsidiary of PRC shipping conglomerate COSCO (HK) Shipping Co., for the time charter-out of Geastiniono TBN — a gearless post panamax
AFTER months of prevarication the South Korean government is preparing to intervene in operations at the nation’s key port of Pusan in an effort to avert the financial collapse of private operators after a long-running price war has driven most of them into the red.
Aries Maritime Transport Limited today announced it has reached an agreement to sell both the Energy 1, a 1989-built container vessel, and its sister ship, the MSC Oslo, to an unrelated third party for a net price totaling approximately $40 million. The Company expects to finalize the sale with the
Neil Pryde’s Hi Fi took line honours whilst Subic Centennial emerged as IRC overall winner at Rolex China Sea Race. Hi Fi claimed line hours on Sunday as an increase in wind strength off the West coast of the Philippines through the night gave the lead boats exactly what they needed to close in on [
Employees of the Baltic Container Terminal (BCT) in Gdansk have been on strike over pay for the sixth day. The protesters failed to reach an agreement with the company management Tuesday, as reported by the Polish Press Agency (PAP).
Aker Yards ASA sells 70 percent of the ownership in three of the yards within its business area Merchant Vessels to FLC West, a Russian owned investment company. Aker Yards receives EUR 291.9 million in payment from FLC West. It is expected that the new jointly owned unit will deliver modern vessels
A U.S.-flagged cargo ship contracted by the Pentagon to ferry military equipment fired on a motorboat while preparing to enter the Suez Canal on Monday night, U.S. Navy officials said. Egyptian officials said one Egyptian man was killed and two wounded in the incident.
Hong Kong rescuers were Tuesday reportedly preparing another attempt to reach 18 Ukrainian sailors believed trapped in their sunken ship, although hopes are slim there is anyone still alive. A senior fire officer said they had located an entrance near the deck of the tug boat after getting plans sho
Hopes are fading for 18 Ukrainian sailors trapped underwater since their boat sank off Hong Kong after colliding with a Chinese cargo ship on Saturday. Hong Kong officials said the seamen could be alive if they had found an air pocket inside the upturned vessel.
Four members of a fishing boat crew are confirmed dead after it sank off the Alaskan coast in high seas and a fifth member is missing, US coast guards say. The Alaska Ranger’s other 42 crew members were rescued after it began taking on water around 0300 (1100 GMT), 120 miles (190km) west of Dutch [&
The skipper of a Belgian fishing boat is feared dead after disappearing overboard off the Sussex coast. The captain of the vessel Zilmermeeuw was reported missing by his crew 15 miles south of Newhaven.
Condor Ferries say their sailings are back on track after one of their boats collided with a jetty in St Malo on Saturday.
The former Sealift/Frontline Suezmax tanker ‘Front Granite’, now owned by Granite B.V., a wholly owned subsidiairy of Dockwsise Ltd., ‘Trustee’, has been delivered to Cosco Zhoushan Shipyard on March 20, 2008 and the conversion into a heavy lift vessel will start.
A lifeboat has been recovered after being swept onto rocks in strong winds which also saw a fishing boat driven ashore on the Isle of Lewis. The Dunbar lifeboat Sir Ronald Pechell broke free from its moorings overnight.
